South Berwick Town Council Budget Warrant 2026-04-14
Parking Lease Proceeds With Avesta Dedicated To Repairs
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Description
South Berwick voters are asked to dedicate all 2026-2027 proceeds from the existing parking lease agreement with Avesta Young Street LP to a designated reserve for parking lot repair and maintenance. The lease agreements, dated December 12, 2014 and December 22, 2015, will continue to generate funds earmarked for upkeep of the leased lot.
Contract Details
Vendor
AVESTA YOUNG STREET LP
Agency
Town of South Berwick, ME
Contract Type
FACILITIES
Document Date
April 14, 2026
Contract Term
Proceeds received in the 2026-2027 Fiscal Year from lease agreements dated December 12, 2014 and December 22, 2015
Renewal Info
Existing parking lease agreements dated December 12, 2014 and December 22, 2015 remain in force; annual proceeds for FY 2026-2027 will flow into a non-lapsing reserve for maintenance.
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